The global augmented reality in agriculture market was valued at $0.84 million in 2021 and is projected to reach $4.89 million by 2027, growing at a CAGR of 34.49% during the forecast period 2022-2027.
The extended reality market is projected to grow from $42.55 billion in 2020 to $333.16 billion by 2025, at a CAGR of 50.9% from 2020 to 2025.
The global 3D holographic display and services market is projected to grow from $607.6 million in 2020 to $1,837.1 million by 2025, at a CAGR of 24.8%.
The augmented reality and mixed reality market is expected to transform all the present major industry verticals, while growing at a CAGR of 65.1% and 72.0% respectively, during the forecast period (2018-2025).
The global AR and VR market is estimated to witness growth at a CAGR of 85.4% and 44.5% respectively over the period of 2016 to 2022. This growth rate is expected due to increase in the awareness about these technologies among the consumers, mass scale adoption of AR and VR in various industry verticals, and integration of AR and VR to create mixed reality for future applications.
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The AR in agriculture market is expected to reach $4.43 million by 2026, with a CAGR of 37.4% during the forecast period 2021-2026.
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Extended Reality (XR)
Augmented Reality (AR) and Virtual Reality (VR) tools have unlocked a wide pool of possibilities in various industries, including healthcare, retail, entertainment, military, and education, among others, since its inception. Our extensive market research on these emerging technologies gives industry leaders a detailed coverage of market dynamics, patent analysis, and company profiling for them to improve the virtual experience in a more seamless way.
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